Humane, an AI-hardware startup founded by former Apple design team members, is reportedly considering a sale valued at up to $1 billion. This news follows the recent launch of its $699 AI Pin, a wearable device equipped with cameras and sensors to recognize the environment. Despite initial excitement, the AI Pin received criticism for being buggy and failing to deliver on its promises. However, Humane has not confirmed that a sale will occur, and the company’s representatives have not commented on the reports.
The potential sale of Humane just a month after the AI Pin’s launch highlights the challenges faced by device makers seeking to capitalize on the growing global interest in AI technologies. The popularity of AI has surged in recent years, with the introduction of OpenAI’s ChatGPT AI chatbot attracting over 100 million users within two months. This has led to a wave of funding for startups and strategic shifts at major tech companies like Apple, Amazon, Microsoft, Alphabet, Meta, and more. AI technologies have been integrated into various products, including mobile devices, computers, and specialized software.
Unlike traditional software companies, Humane promotes its AI technology through a wearable device that can be attached to clothing or bags. The AI Pin is designed as a companion to smartphones, offering users the ability to interact with apps and services using AI functions, such as requesting a ride or listening to music. However, with a price tag of $699 and a monthly subscription fee for cell service, the device has faced criticism for not meeting expectations. Despite this, Humane insists that it is working to improve the device and enhance its performance.
In contrast, other tech giants like Samsung, Google, and Microsoft have steadily integrated AI features into their products, including dedicated buttons on keyboards and specialized software. Apple is also expected to announce major AI-powered updates to its software at the upcoming Worldwide Developers Conference in June. These advancements demonstrate the increasing importance of AI technology in the tech industry and the efforts of companies to leverage AI for enhanced user experiences and functionality.
It should be noted that CNET utilized an AI engine to generate numerous AI-related stories, though this article was written by editors and writers. The use of AI technologies has transformed various industries, prompting companies to explore new ways to incorporate AI into their products and services. While Humane’s AI Pin has faced challenges, the broader trend of integrating AI into devices and software is likely to continue as technology evolves. The potential sale of Humane underscores the competitive landscape in the AI hardware sector and the ongoing developments in AI technology across the tech industry.
